Deals

Keep up with all of the major leases, investment sales and financing activity in New Jersey.

Residential & Mixed Use
Investment manager sells 214-unit apartment property in Bergen County, CBRE says

A buyer has expanded its New Jersey portfolio with the addition of a 214-unit luxury apartment complex in Westwood, in a newly announced deal by CBRE.

Industrial
BRC inks $5.7 million sale of Somerset industrial building

A maker of fashion accessories has sold a Somerset County industrial building for nearly $5.7 million, under a deal arranged by Bussel Realty Corp.

Retail
Burlington restaurant, liquor license trade for $900,000, Rose Commercial says

A restaurant building and liquor license in Burlington County have changed hands for a combined $900,000, in a newly announced transaction by Rose Commercial Real Estate.

Industrial
JLL inks $14 million sale of Long Island light industrial asset

A nearly 100,000-square-foot light industrial property on Long Island has changed hands for $13.75 million, in a deal arranged by JLL’s Morristown-based capital markets team.

Industrial
LEG touts lease with Amazon for 360,000 sq. ft. Meadowlands distribution center project

Lincoln Equities Group has attracted Amazon to a planned industrial complex in the Meadowlands, inking a 360,000-square-foot lease with the e-commerce giant.

Finance & Capital Markets
Marcus inks $17 million loan for Linden multifamily, retail project

The developer of a 113-unit apartment building in Linden has secured more than $17 million in financing, in a newly announced deal by Marcus & Millichap Capital Corp.

Retail
Event planner, CBD shop sign leases at Sussex County commercial center

Two new tenants are coming to a renovated commercial center in Sussex County, following a set of leases arranged by The Boniakowski Commercial Real Estate Group.

Office
New tenant coming to Sanzari-owned campus in Teaneck, leasing 4,400 sq. ft.

Alfred Sanzari Enterprises has attracted a new office tenant to its Glenpointe campus in Teaneck, inking a lease for more than 4,400 square feet at the distinctive mixed-use property.

Office
Book publicist takes 3,300 sq. ft. at Cherry Hill office building, Vantage Commercial says

A publicity agency is relocating in Cherry Hill after signing a new lease for more than 3,000 square feet of office space, in a recent deal by Vantage Commercial.

Residential & Mixed Use
Journal Square apartment portfolio fetches $12 million, Marcus says

A longtime owner has sold two Jersey City multifamily properties for $12 million, in a newly announced transaction by Marcus & Millichap.